Expenses that provide lasting benefits are considered “capital.” Those are the renovations and repairs that will be around for your tenants to enjoy for years to come. Some common capital expenses you might claim on your rental property include a new roof, vinyl siding, and new windows.
As your question is more taxes related, we suggest you to contact CRA to verify what is the best in your situation. Also, here here is a link explaining what can be claimed as a rental expense.
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